Business For Sale | Intermediary For Continuing Healthcare Claims

Friday, 3rd August 2018

Business for sale: Well established North of England based specialist intermediary for continuing healthcare claims

The company offers consumers specialist advice in order to recover fees which have been paid by elderly care home residents, in England and Wales, when a resident has a primary healthcare need and should have received funding under the continuing healthcare scheme.

The company holds the benefit of rented commercial premises in the North of England however, this is currently occupied by a subtenant, while the company itself operates from rented commercial premises for which a third party holds the benefit of the lease. In addition, the company does not employ any staff as it currently sources these from a third party.

Turnover:
Year ended: 30 November 2015 circa £381k – Net profit: £2k
Year ended: 30 November 2016 circa £1.1million – Net profit: £426k
Year ended: 30 November 2017 circa £561k – Net profit: £84.7k

Tangible assets:
Minimal office furnishings & computer equipment

Intangible assets:
Work in progress compromising of a non-exclusive database consisting of approximately 200 cases generating revenue, alongside the company’s trading style and web domain.

 

Expressions of interest for the business assets and goodwill are invited in writing by no later than 4:30pm on Monday 6 August 2018. Best and final written offers together with appropriate proof of funding are then invited by no later than 12noon on Tuesday 7 August 2018.

As an early sale of the business is sought, prospective purchasers are urged to register their interest without delay by contacting Charlotte Smith via email, details of which can be found below.

Non-disclosure agreements (“NDA”):
NDA’s must be signed prior to receiving details of this opportunity, once we receive your signed NDA we will provide you with any further information we may have relating to the recent trading history and financial performance, etc.

Note: The above sale notice contains information provided to us by the company’s personnel and advisors. Wilson Field Limited does not accept any responsibility for the information given and furthermore provides no warranty or guarantee as to the accuracy of such information. All interested parties must therefore satisfy themselves as to the accuracy of all information provided to them both above and after signing the NDA.

Enquiries to:
Charlotte Smith – Case administrator at Wilson Field Limited
E: [email protected]   T: 01142 356 780
Wilson Field Limited, The Manor House, 260 Ecclesall Road South, Sheffield, S11 9PS.

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